Tesla Reports $600 Million Bitcoin Gain for Q4 2024 Following New Accounting Guidelines
Tesla's recent earnings reflect a notable increase in Bitcoin valuations due to updated accounting practices.
Recent in
Tesla's recent earnings reflect a notable increase in Bitcoin valuations due to updated accounting practices.
Tesla has adjusted its bitcoin holdings valuation for the fourth quarter, reporting a significant financial gain.
Tesla has transferred almost its entire Bitcoin reserve to new wallets, but the funds are reportedly still held by the company, according to Arkham Intelligence.
Tesla's recent transfer of over $750 million worth of Bitcoin has raised questions about the company's motives. This article explores the potential reasons behind the move and its implications.
Elon Musk's electric vehicle company, Tesla, has transferred nearly all of its bitcoin holdings to undisclosed wallets, stirring speculation about a potential sell-off.
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